TikTok Shop Makes Triumphant Return to Indonesia After $1.5 Billion Investment
In order to revive its online retail operation in Indonesia, social networking app TikTok has partnered with GoTo, a major player in the country's technology sector.
Dec 11, 2023 06:40 AM EST
Twitch to Pull the Plug on South Korean Operations Amidst Mounting Costs
Due to excessive operational expenses and network fees, Twitch, the streaming division of Amazon, said on Tuesday that it will cease operations in South Korea in February of the next year.
Nokia Stumbles After Losing AT&T, Shares Hit Three-Year Low
Nokia's stock fell to a three-year low after the telecom giant missed out on a significant agreement to launch a new network in the United States alongside AT&T, the industry titan.
Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup
The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.
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Ninebot One to solve personal transport system woes
Tianjin-based Tech Company Ninebot Inc plans to solve car park problems in big cities in China through its two-wheel self-balancing equipment.
Dec 22, 2015 01:41 AM EST
Nissan Leaf outsells Tesla Model by over 100,000
Tesla already sold 100,000 Model S units so far, but Nissan surpassed those sales with 200,000 Leaf units sold as of today.
Dec 21, 2015 11:23 PM EST
Alibaba Hired Top Counterfeit Investigator
Alibaba Holding hired Matthew Bassiur to remove counterfeit product off its site and maintain Alibaba reputation as a global marketplace.
Dec 22, 2015 09:13 PM EST
Microsoft delays Windows 10 upgrades for Windows Phone 8.1 to early 2016
Even though Microsoft said earlier in October that the rollout of Windows 10 Mobile to existing Windows Phone 8.1 users would start in December, the company is now delaying the upgrades to early 2016.
Dec 21, 2015 09:13 AM EST
Software revenues propel BlackBerry to beat Q3 forecast
Strengthened by software revenues, BlackBerry was able to reduce is losses during the third quarter. Beating the forecasts, the Canadian company posted a marginal loss of revenues. The timely decision of investment in security and software has been successful in enhancing revenues.
Dec 21, 2015 09:04 AM EST
LifeLock Is To Pay $100 Million Settlement For Deceptive Advertising
LifeLock, the identity theft protection company has to pay $100 million settlement over its false advertising and violation of previous settlement..
Dec 21, 2015 07:27 AM EST
Amazon to lease Boeing jets: report says Amazon to launch its own cargo services
Amazon.com Inc is in talks to lease 20 Boeing Co 767 jets in an attempt to expand its delivery operations. Report said that Amazon is aiming to launch its own cargo service.
Dec 21, 2015 08:15 AM EST
Sensor Laden Intelligent Lighting System Supersedes LEDs
Intelligent lighting, an automated mechanism that allows the lights to move and create complicated color effects in a bid to thematic color changes, have driven away traditional lighting systems from the market. The intelligent, networked, sensor laden lights are going to form the central nervous system of every building and eventually approaching towards changing the existing communication modules through adoption of this technology.
Dec 21, 2015 08:04 AM EST
Toshiba in overhaul mode, may post $4 billion net loss
Toshiba is considering a restructuring plan to overhaul it loss-making businesses. The Japanese electronics major is said to have overstated profits for seven years and now forecast to report $4billion net loss. The company is struggling from the impact of an accounting scandal and may sell some units and stakes in some business.
Dec 21, 2015 09:02 AM EST
Lumoid rents out the latest gadgets from Apple Watch to Beats wireless speaker
The startup Lumoid offers the latest gadgets rental service for affordable prices. Founded in 2013, Lumoid rents a number of latest products including digital cameras, wearable technologies, drones, and audio devices.
Dec 21, 2015 08:57 AM EST
Brazil Judge lifts 48-hour ban on WhatsApp
A Brazilian judge lifted the 48-hour ban on phone-messaging app WhatsApp in the country.
Dec 20, 2015 04:46 PM EST